• Primark profits fall despite higher annual sales

    Primark’s annual sales increased while profitability weakened across its markets. Adjusted operating profit fell 12% at constant currency, with declining like-for-like sales and greater investment in pricing, marketing and digital services affecting margins.


  • Drax partners on £20bn AI data centre project

    Drax has outlined a major new North Yorkshire investment proposal. Brookfield and Radiant will work with the power generator on an AI data centre development that could attract more than £20bn, subject to approvals and commercial agreements.


  • Liverpool region advances four new railway stations

    Liverpool’s regional authority is considering progress on four proposed stations. Liverpool Baltic is closest to construction, while Carr Mill, Daresbury, and Woodchurch remain at earlier stages.


  • Chancerygate submits expanded Hams Hall logistics plans

    Chancerygate has submitted expanded logistics development plans at Hams Hall. The revised Faraday7 application covers seven units totalling 153,000 sq ft, replacing the earlier six-unit proposal.


  • Birmingham fintech Lovey plans major workforce expansion

    Birmingham fintech Lovey plans significant recruitment after relocating its headquarters. Its new Three Snowhill office accommodates an expansion strategy targeting up to 300 employees over five years.


  • West Midlands business confidence falls 27 points

    West Midlands firms reported sharply weaker confidence during October’s survey. Lloyds recorded a 27-point regional decline even as national sentiment improved, with recruitment plans continuing among respondents.


  • Ministers seek urgent talks over Poundland rescue

    Ministers are seeking urgent discussions over Poundland’s threatened financial collapse. Government questions now focus on the rescue terms, shareholder loan, and future of thousands of jobs.


  • Bruntwood SciTech invests £11m in research campus

    Bruntwood SciTech will upgrade Melbourn Science Park with £11m investment. More than 22,000 sq ft of research and office accommodation will be refurbished, alongside improved campus facilities.


  • Poundland founder challenges administration amid rising sales

    Poundland’s founder questions insolvency plans despite improving recent sales figures. Steve Smith has criticised the proposed administration as the retailer considers rescue offers affecting its stores and workforce.


  • Government opens growth programme for 200 scaleups

    Government support will reach two hundred established British scaleups nationwide. The £3.4m Scale UK Connect programme offers tailored advice, investor introductions, and international expansion opportunities.